Chairperson and CEO Roles Should be Separate

An important consideration for not having one person holding the dual role of chair of the board (Chair) and chief executive officer (CEO) in a corporation is because such an arrangement collects too much power in a single director within the board. It generates numerous conflicts of interests, agency problems and enables the CEO to […]
Social Justice in Corporate Law

This article evaluates Hobby Lobby Stores, the US Supreme Court case that addresses among other things the debate of social justice in corporate law. It raises the question of whether current law should require and or expect for-profit corporations to pursue profit at the expense of everything else.1 We explore the existence and extent of […]
Trade Name and Trademark in Puerto Rico: Two Closely Related Cousins

People often confuse a trade name with a trademark but while they are related, both mean different things. Here are the key differences. Trade name To legally start a corporation or a company you must file paperwork with the state and include your organization’s name. This name becomes your business’s official identification followed by the […]
Franchise in Puerto Rico- Should You Buy an Existing Business or Build Your Own?

A Franchise is a business model that has allowed many people to stop being employees as it facilitates the transition from employee to self-employment. However, franchising Puerto Rico is not for everyone or all types of businesses. As a franchise development consultant and franchising lawyer helping organizations develop franchises or individuals purchasing one, I would […]
The Influence of Social Responsibility in Modern Corporation Law
This article evaluates Hobby Lobby Stores, the US Supreme Court case that addresses among other things the issue of whether current law requires for-profit corporations to pursue profit at the expense of everything else.1 We explore the existence and extent of for-profit corporations engaging in social responsibility and pursuing more than profits and how they […]